One of my biggest pet peaves is that people buy minute rice because they don't know how to cook regular rice. Minute rice is so much more expensive, and I don't think it tastes as good. I buy rice in bulk, saving lots of money. I had a mission companion teach me her method of cooking rice, but I didn't feel it was very accurate and consistent. But then I learned how from the Frugal Gourmet and have used his method ever since.
1 Part rice
2 parts water
In other words....put in twice as much water as rice. :)
Bring to a boil. Reduce heat and cover. Simmer for 15 minutes. Ta da! that's it.
Also, I would suggest that if you eat rice often that you buy a rice cooker. What I like best about having a rice cooker is that it doesn't take up stove space, and it keeps the rice warm after it is cooked. You can buy them relatively inexpensively at Chinese grocery stores. Also, you can usually find them at thrift stores, donated by people who received them as gifts, but never had use for them. I love rice, and could eat it every day!